Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Intel Acquires Silicon Hive, a Spin-Out From Philips

Silicon Hive, a start-up born and incubated inside the Dutch electronics concern Philips and spun out in 2007, has been acquired by chip giant Intel. Financial terms were not disclosed. The deal was announced by New Venture Partners, a venture capital firm that specializes in spun-out companies and which led a $10 million Series A in Silicon Hive in 2007 with TVM Capital and Philips. Intel Capital led an additional $7 million round in 2008. Silicon Hive designs and licenses chips used in imaging, video processing and communications, aimed at smartphones and consumer electronics.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald